Awaiting Confirmation of Bullish Reversal
Fundamentally not so strong but the bearish moment is now fighting.
We do not have only one confirmation.
On Weekly Chart, We have a sluggesh Head and Shoulder pattern.before its tripple bottom.
The two patterns were undervalued by investors which lead the weekly close below its monthly support (note: monthly support was also confirmed by 61% Fibb Level on Monthly chart from its bottom till up.)
In my opinion, a weekly close above will create an engulfing bullish with the greater volume. Which may indicate the price to @280 area and a weekly close above @280 will disclose the price beyond 500:
OFFCOURSE ITS A LONG TERM GAME!
We do not have only one confirmation.
On Weekly Chart, We have a sluggesh Head and Shoulder pattern.before its tripple bottom.
The two patterns were undervalued by investors which lead the weekly close below its monthly support (note: monthly support was also confirmed by 61% Fibb Level on Monthly chart from its bottom till up.)
In my opinion, a weekly close above will create an engulfing bullish with the greater volume. Which may indicate the price to @280 area and a weekly close above @280 will disclose the price beyond 500:
OFFCOURSE ITS A LONG TERM GAME!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.